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2 mins read

Samsung in talks with component partners to boost ops in India: TM Roh

"The Indian market is very important to Samsung. We have operated the manufacturing facility si…

PTI   


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3 mins read

Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry

The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…

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1 min read

Auto component maker Motherson to acquire Bengaluru-based Rollon Hydraulics

"Our focus on being a solutions provider to our customers has been a driving force for this acqu…

PTI   


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1 min read

Auto parts company Minda bags ₹750 cr order for EV battery chargers

Auto components maker Minda Corporation Ltd on Tuesday said it has bagged a ₹750-crore contract fro…

PTI   


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2 mins read

In FY24, 272 companies went public as compared to 164 in FY23: SEBI

India's Initial Public Offering (IPO) market witnessed a resurgence in 2024, with a total of 272 co…

ANI   


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Auto components maker Happy Forgings files IPO papers with Sebi

Auto components maker Happy Forgings Ltd has filed preliminary papers with capital markets regulat…

PTI   


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Two entities upgraded for every downgrade in FY24, hospitality sector records 23 upgrades: ICRA

The fiscal year of FY24 continued the ‘upgrade momentum’ that was set into motion in FY22, said the…

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3 mins read

Auto component maker Divgi TorqTransfer Systems to open its IPO on March 1

Automotive component manufacturer Divgi TorqTransfer Systems is all set to open its IPO on March 1 …

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1 min read

Elon Musk's Tesla looking at sourcing components worth $1.9 billion from India: Goyal

"Tesla already last year bought one billion dollars of components from I think all of you sittin…

PTI   


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1 min read

If you can’t buy Ola or Tesla shares, these are six stocks to track if you are looking to play the EV revolution in India

With the recent launch of Ola’s electric scooters, and buzz around existing electric vehicle (EV) m…

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3 mins read

Piyush Goyal visits Tesla's California facility, says US electric car maker to double Indian component imports

Piyush Goyal visited Tesla's manufacturing facility in California's Fremont.

ANI   


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4 mins read

Motherson Group to reportedly acquire Italian auto components maker Marelli – here’s what it means

Motherson Sumi already has past experience with Marelli – it had entered into a joint venture …

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1 min read

This auto component maker's shares more than doubled in last one year

During the entire session, the shares pared a portion of its intra-day gains and settled nearly …

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4 mins read

India auto sales seen rising 7-9% in FY24: Passenger & commercial vehicles to drive demand

The Indian auto industry is expected to register a sales volume growth between 7-9% in FY24, buildi…

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3 mins read

Auto components maker Craftsman Automation’s ₹150 crore IPO to hit the capital markets next week — price band fixed at ₹1,488–1,490

The ₹150 crore initial public offering (IPO) of auto and engineering components maker Craftsman Aut…

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5 mins read

All major automakers except Bajaj Auto expected to register growth in January say brokerages

All major Indian automakers, except Bajaj Auto, are expected to report a year-on-year increase in t…

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1 min read

Auto parts maker Samvardhana Motherson shares hit 52-week high

Shares of Samvardhana Motherson surged after the company said it will acquire 81% stake in the four…

PTI   


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6 mins read

Minda Industries, Sona Comstar, Greaves Cotton amongst biggest gainers as investors bet on Budget 2022 being EV-friendly

Shares of EV component makers like Minda Industries, Sona BLW Precision (earlier known as Sona Coms…

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2 mins read

Chinese company unveils new electric-car battery with 620+ miles of range 50% more than Tesla's Model S

CATL's next-generation battery, called the Qilin, has a greater energy density than the company's p…

Tim Levin   


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4 mins read

Biden will join striking auto workers on the picket line in Detroit — the first time a sitting US president has done so

President Joe Biden will travel to Detroit to picket with United Auto Workers. Though union leaders…

Associated Press